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Comedy Central
Dec 11, 2012 10:00am PST
knows while obama wants the debt ceiling debate removed, senate majority leader harry reid, he don't have the 51 votes he needs to get that passed so mcconnell is going to trap reed in a corner. >> an unlimited authority to borrow whenever he wants to for whatever amount he wants to? if the majority leader supports that proposal i would hope we can get a vote on it to give his members a chance to express themselves as to whether or not they think that's a good way forward for our country. >> jon: [bleep]. it is a classic opening. he's proposing a bill that he doesn't support, mcconnell, knowing that the president will look bad when harry reid refuses to call a vote on it >> senator mcconnell made a serious offer dealing with the debt ceiling in this country one of the most important issues facing the country. it's a serious offer. i personally haven't read it. my staff has looked at it. it's important enough that i would like to have a vote on it this afternoon. >> jon: haven't seen that before. harry reid just ate mcconnell's chess pieces. turns out reed had the 51 votes to pass mcc
CNBC
Dec 11, 2012 3:00pm EST
. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains. you want to get out of some of those names. let's find out how you should be investing 20 days away from the deadline. in today's "closing bell" exchange, carol roth with us, rich peterson from is & p, jonathan corpina from meridian equity partners and our own rick santelli. good to see you all. jonathan, we'll kick this off with you. what's the right strategy going into these negoti
Comedy Central
Dec 4, 2012 7:30pm PST
track. >> accept at majority leader harry reid is proposing changes to the filibuster that might make the senate less dysfunctional >> jon: that's actually very easy. you could the that with almost anything. make it so that only hungry kindergarteners and ovulating cats could be senators. that would make it less dysfunctional. i'm sorry we're talking about the filibuster >> one of reed's ideas is to reinstate the talking filibuster the old principle if you want to filibuster you actually have to stand on the floor for hours to make your case. >> jon: you don't have to do that now? you get to filibuster now without filibustering? that's like saying we're going to go on a hunger strike with a mouthful of cheese burgers. they used to read song lyrics for 13 hours. if you're going to solve the business for the entire country you better be willing to make an [bleep] out of yourself doing it. harry reid is trying to fix this mess >> what these democrats have in mind is a fundamental change to the way the senate operates for the purpose of consolidating their own power. i implore members on
CNBC
Dec 11, 2012 4:00pm EST
senate majority leader harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day long. david kudlow and bob pisani and barbara from the street. welcome to all of you. what about coming off the best levels? >> hitting search-week highs. 13,245 is where we ended the night of election and waiting for it to settle out. 13,248, so we are exactly where we were when the elections closed. i think the important thing is as long as there is some indication that they are talking the markets are holding up very well. i think the concern is after a deal happens, i think we'll have it, what will happen after, that and a lot of people are worried now that austerity is coming. tha
PBS
Dec 11, 2012 6:30pm PST
under your tree for christmas. senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press conferences, republicans and democrats traded barbs on the house floor. >> where are the president's spending cuts? the longer the white house slow- walks this process, the closer our economy gets to the fiscal cliff. >> reporter: behind the scenes, progress is being made, but democrats are still arguing they've given ground in previous budget battles. that's one reason they are holding firm on higher taxes now. >> $1.6 trillion in cuts. "where are the cuts?" they are in bills that you, mr. speaker, have voted for. >> reporter: and there were new calls for more tax revenue
PBS
Dec 12, 2012 1:00am PST
time, something traders blame on comments from senate majority leader harry reid. reid said it would be extremely difficult to get legislation averting the fiscal cliff through the senate before christmas. with today's seven-tenths of a percent gain, it brings the index back to a level last seen on election day. for the year, its up 13.5%. trading volume increased to 691 million shares; just over 1.9 billion shares on the nasdaq. the technology sector was back in the leader position, up 1.4%. health care and telecommunications were up 1%. with the tech sector up, apple was helping out as it rebounded a little from its recent sell- off, but on lighter volume. shares rose 2.1%. piper jaffray's apple analyst predicts a more steady stock rally next year, and he's sticking with his $900 price target. it was a pair of business software firms that had the best percentage gains inside the tech sector. citrix systems jumped 4.8%, closing at a two-month high. salesforce.com gained 4.2% to close at a new high. meantime, two big semiconductor makers were in focus as they work to meet the competi
MSNBC
Dec 7, 2012 2:30am PST
cringer. harry reid, come on now. >> it's not right for harry reid to kick the jets around. that's a cheap shot. we can do it. you can't. senate minority leader mitch mcconnell, you just saw him there talking on the floor, he actually found himself, well, in unusual territory thursday. he actually had to filibuster himself. >> no, no, he can't. >> yesterday, senator mcconnell brought a bill to the floor to give the president greater power to raise the debt limit without support. but harry reid called his bluff, agreeing to a straight up-or-down vote. that then forced the minority lead y leader to filibuster his own bill. >> what we have here is a case of republicans here in the senate once again not taking yes for an answer. this morning, republican leader asked consent to have a vote on this proposal, because now i told everyone that we're willing to have that vote, up-or-down vote. now the republican leader objects to his own idea, so i guess we have a filibuster his own bill, so i object. >> is there objection to the original request? >> yeah, object. >> objection is heard. got wh
FOX News
Dec 6, 2012 1:00pm PST
-- okay it is not on the stuff i just talked about. apparently harry reid is trying to move heaven and earth for a waiver to allow food in the congressional auditorium. let may get this straight. let me get this straight. a special screening of steven spielberg's movie "lincoln" -- if i am reading it right harry wants to get the -- get by the hurdle of preventing food in the auditorium for the" lincoln" thing. it is movie night for politicians who have neither guts nor grace and just fire. incredible. >> yes, it all gets better and better on basic cable. talk about looney bins, the house is voting to strike the word lune lunetic. who is the lunetic who didn't vote? he is here. we book the lunetics. you saw it for what it was. what the heck were they trying to do here? >> well, why would we even need to do this? they said well we changed the word retarded. yes, i know some people found that offensive, but lunatic is a good word. my communications said ap and all of these others are wanting a statement. why did you cast the only no vote against this? i typed up a statement and said, look
MSNBC
Dec 12, 2012 2:00am PST
you fog and the follicle gods. harry reid on ben nelson's luscious locks. they may refer to the record of that luscious body and find hair envy actually in it. that's the best weirdest new thing in the world. that does it for us tonight. rachel will be back tomorrow with great hair. now it is time for the last word. rachel will be back tomorrow with great hair, as always. up next, "first look." >>> right now on "first look," terror at an. on. shopping mall as a mass gunman opens fire, killing two people. >>> north korea successfully fires a long-range rocket, defying the threat of international sanctions. >>> plus, michigan's right to work, a cosmic close shave and an update for you on that little guy, the ikea monkey in canada. >>> but first, good morning, everyone. i'm lynn berry. and the hustle and bustle of the holiday season took a terrifying turn in portland, oregon, yesterday, when a masked gunman stormed into a busy shopping mall and opened fire, killing two people, injuring another before apparently turning the gun on himself. nbc's kirk gregory has the chilling details
MSNBC
Dec 11, 2012 9:00pm PST
senate stopping heights. so what do you do? if you are harry reid, lead other telephone democrats in the senate, you try to reform it. and if you're mitch mcconnell, the republican leader who is using it all the time because it is your main kind of power you try to stop reform of it. now there are a couple of plans for changing the fill buster to make it less common or more difficult or even to eradicate it all together. first, there is a lawsuit. a real one. it is in the courts and everything for house democrats and a good governance group called common cause are suing the senate. that court case began this weekend in washington. they argue the filibuster is illegal because it infringes on what they see as a constitutional guarantee of majority rule in congress. the court system has never before entered into the senate's internal role making, and quite frankly, it is unlikely to do so now. but they're trying. the other track is in the senate. majority leader harry reid keeps threatening to change the rules. he says it will happen at the very beginning of the next congress. the very
FOX News
Dec 6, 2012 10:00am PST
that shouldn't change. harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. just to clarify and tellyear. the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27
Current
Dec 4, 2012 11:00pm PST
punished. but take care, harry reid says he feels bad that you have a deal with the rapid members of the tea party. so for more on the story i'm joined by dan gross the global business editor are the daily beast, and joining us from politico's arlington virginia's newsroom. thank you for joining us. >> thank you. >> great to be here. >> dan, let me begin with you. maybe you can give us a feel of why exactly the tea party republicans are upset with boehner's proposal, specifically? >> they are still under the illusion that deficits can be reduced without getting more revenues. you saw this--this has been there sort of article of faith for many years and it has been the republican orthodoxy back in 2011 when arguing with the debt ceiling and spending cuts and nothing about increased revenues, and boehner said he got 98% of what he wanted. when romney was running for office, there was not a peep until the end of the campaign. he was basically saying we could have a balanced budget amendment. we could cap spending and cut it. so their own colleagues have not told them these last many
FOX News
Dec 7, 2012 1:00pm PST
problems. any in the of harry reid getting a waiver so senators can bring food to a private we screening of "lincoln" in the auditorium. and the fact that harry reid and other senators are voting on such foolishness and they will not pass a budget and congress voting on the word "lunatic" what the hell is happening to us i shudder to think. >> since when did a movie become so important that we put our budget and taxes on the back buncher so we can pass a motion to allow food in a theater? harry reid wants food in the chamber so they can eat when they fish fish. >> lincoln" wrote owe without food is great, it could teach them something about backbone. that is a very good point, i didn't think of that. >> but not as good as this e-mail of the week. one more time with the animation, please. yes, mail of the week >> relax, ladies there is enough of me to go around here. calm down. calm down. i will get serious e-mails on that, you know. >> anyway, i kid a lot about being a super hero. not really. but, some of you may think i may not but these guys are the heroes behind the nation's
FOX News
Dec 13, 2012 2:00pm PST
. this is why i got new information that last night senate majority leader harry reid met in a private dinner and he was saying he believes it's nearly impossible to get the fiscal cliff deal done before christmas. what they are focused on is a so-called plan "b" where the house in the next few days may pass extension of the middle class tax cuts. the old bush tax cuts. then let the tax rates for the rich go up and fight it out in january and february over spending cuts. we'll see whether or not conservative goes along with that, if speaker boehner was party to that. the second big story is susan rice. in the last couple of hours calling the president and saying she is pulling her name out of consideration for secretary of state, all because of the controversy over benghazi, her reaction to the terror attack, whether or not she misled the public. bottom line this puts john kerry, democratic sources say, as the likely contender to be secretary of state i'm seeing the suvs pull up with speaker boehner right now. both the stories breaking right as we speak. you will see speaker boehner in
FOX Business
Dec 9, 2012 10:00pm EST
game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the same problem republicans are having. romney is gone, but he is still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? gerri: what do you make of that analogy? >> well, that is a football analogy. we'll do that from time to time, but the reality is the speaker of the house is the speaker. the house is the majority republican, and if he is going to advance that way, that is probably in order. senator mcconnell is involved, i'm sure talking with boeher about these issues. he always has been, but you have to have the spokesman, somebody to talk to. the president is absent up here, and i hope he will come to the table. i hope we can avoid it, but a lot of it is going to ultimately be on the president's watch. gerri: i have to tell you, there are other people mia. most of the house is gone on vacation. the senate i
MSNBC
Dec 5, 2012 12:00am PST
do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and ferry dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of their committee seats for voting against party leadership in the past. but boehner finds himself in an increasingly weak position. senate minority leader mitch mcconnell refused to take a position on boehner's debt plan today. >> i have no particular observation other than i commend the house leadership for trying to move. the process along and getting to a point where hopefully we can
MSNBC
Dec 7, 2012 3:00am PST
found ourselves listening to harry reid. >> yeah. >> on the senate floor. >> mm-hmm. >> comparing the republican party to the new york jets. >> what? >> it's not one of my favorite teams, but it's really, really fun to watch. and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks. sanchez. he's got tim tebow. he's got a guy like mcelroy. he can't decide who their quarterback is going to be. that's the same problem the republicans are having. romney's gone, but he's still in the background. we have mcconnell, and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizical look on your face. >> normally when you play football, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried about who's the quarterback on the other team, and why is he even using this metaphor to begin with? >> it's painful. stop it right now. >> this is why it's a good development. by the way, there's another interesting development with the leadership yesterda
CNBC
Dec 11, 2012 2:00pm EST
said. some headlines out of harry reid which may not be good news for the market. harry reid saying the democratic party will not put an offer of spending cuts on the table for the gop. reid also adding he does not think we will have a deal on the fiscal cliff before at least christmas if not longer. so think about that. harry reid saying no, no, no. republicans asking us to present cuts. we want them to present cuts. clearly this is political gainsmanship. democrats want gop to be the one to go to the american people to say here is what we're going to cut from your entitlement programs, mandy. reid saying we don't think a deal is going to get done before christmas. that does not bode well. the dow industrials are up. you can see they have ticked down a little bit. harry reid, a very, very powerful member obviously. senate majority leader. this is a guy deeply involved in the negotiations. when he speaks, it means something. we'll keep watching those markets. meantime, huge dirty money crackdown. british banking giant going to have $2 million in penalties, it helped aun and mexican drug
FOX News
Dec 12, 2012 7:00pm PST
. we found budget cuts. that legislation is sitting on the senate's desk. -- >> greta: harry reid -- look, he's had a budget from the president and from the house special he possibility vetesos and sits on. it i suspect he will go home. >> that's a very frustrate ago. >> greta: you know what -- it's not frustrating, it's wrong! you do your work before you go home. >> we have one constitutional duty tow bruce a budget. for 3 years, they have refused to do this. this is in violation of their constitutionally mandated duty and responsibility. this is not a hard thing to solve. i think we should stay until we get it resolved. i am more than ready to did that. >> greta: i don't know how they can not stay here -- especially when have you 18 months to do it. thinking about the demands, so many americans are worried about jobs and everything. anyone who is whining about not going home, viposted that leader pelosi can skype her family. >> there are individuals that are whining. i think the most important thing is to stay here. look, the president's commissioned that he set forth, the simpson-bowle
CNBC
Dec 11, 2012 11:00pm EST
. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. who's calling the tune? the nasdaq climbing 1.8%. apple rallied eleven and change. i hope this mini rally is happening because people have looked over the fiscal cliff and they weren't terrified by what they saw. i hope we will get by. i hope they don't mind government intervention in their portfolios. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, as encouraging as the market was this morning, the situation in washington is as discouraging. one after another i started with a new tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give this fellow traveler some ideas? no. they attacked the president. each time when i asked for ideas on what to cut, like right
MSNBC
Dec 12, 2012 2:30am PST
unlikely. as senate majority leader harry reid admitted yesterday. but in an interview with barbara walters, president obama predicted that republicans would eventually give in on taxes. >> the most important thing we can do is make sure the middle class taxes do not go up on january 1st, and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction. are you going to be able to raise taxes, yes or no? >> oh, taxes are going to go up one way or another. >> oh, they are? >> and i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> now, the president went on to say that if republicans can move on taxes, he's prepared to do "some tough things" on the spending side. >>> controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snyder signed the measure yesterday, despite widespread protests by the labor
Current
Dec 7, 2012 6:00am PST
was great. harry reid, the old boxer -- >> yeah, harry reid boxed him into this. it's hysterical. >> stephanie: what is the boxing thing -- >> rope a dope. >> stephanie: yes, exactly. where is my story on this -- talk amongst yourselves. >> oh, okay. >> stephanie: he thought he was being so smart. i'm moving slowly -- >> look out here it comes. >> do you need me to print it? >> stephanie: no, i got it. >> oh, no. what am i going to do now. >> stephanie: it was further down in the stack than i had anticipated. [♪ "world news tonight" theme ♪] >> stephanie: yes, he filibustered his own bill to lift the debt ceiling. instead they called his bluff and he ended up filibustering his own bill. ♪ you are an idiot ♪ >> stephanie: the legislation would permit the president to unilaterally lift the debt ceiling, and never before in our history has someone taken the debt ceiling hostage as something to negotiate over. >> right. >> stephanie: mcconnell brought up the legislation harry reid objected, and then reid ran it by his members and in the afternoon agrees to hold the same vote.
FOX Business
Dec 13, 2012 11:00am EST
now," animated speaker of the house john boehner, and harry reid is next with the response. that live as well, and cheryl and dennis with full analysis own where we are going from here. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. dennis: i'm dennis kneale. cheryl: house speaker saying president obama is not serious on spending, and harry reid's response in a live news conference moments away, and, plus, how it impacts investments, and, of course, your tax returns. dennis: your cable tv bill could be up big time next year. who is to blame in the media minute. cheryl: wonderful. blue shield of california raising rates by 20%, and they are blaming obamacare. dennis: top of the hour, stocks now, nicole at the floor of the new york stock exchange. >> looking here at the markets, see the dow down nearly one quarter of 1%. we snapped our nice winning streak we had, right, going for a
CNBC
Dec 13, 2012 3:00pm EST
. stocks losing streams after house speaker john boehner and senate majority leader harry reid stoked the notion that a deal is not close. down as many as 94 points on the dow at the low of the session and now down at 82 at 13,163. the nasdaq down 26 points right now, a decline of almost a percent at 2987 and the s&p 5 hundred index, trying, doesn't look like it will, seven straight up days, not today though, down ten points at 1418. >> investors dealing with jewel issues. not only is the fiscal cliff situation looking dicier by the day as we head headlines out of announcement by the federal reserve's announcement tying rate hikes to the unemployment rate. >> our next guests are here with their best ideas going into the new year. today's "closing bell" exchange, gary webbush here with us and steve sax from pro shares advisors and steven gil garcetg and our own jeff cox. no encouraging words out of washington, here we go again, from either the fed or congress. >> right, and frankly that's very expected. there's going to be a -- some grandstanding about your political philosophies right
MSNBC
Dec 12, 2012 7:00am PST
ten years ago and the use of drugs has gone down dramatically. >> senate majority leader harry reid floated a rumor yesterday that speaker boehner was having a little trouble controlling members paul ryan, eric cantor and kevin mccarthy. republicans found it so outrageous, it spawned a twitter revolt with the hash tag, harry reid rumors. one of our favorites? jammie foxx to be named secretary of state. sorry, susan. hash tag harry reid rumors. >>> actress and activist ashley judd is polling four points behind senator mitch mcconnell in a hypothetical matchup. mcconnell's approval ratings are the worst of any senator nationally. the poll found judd to be the top choice as a challenger. >>> and the first grandchild for former president bush and first lady laura. they called in to congratulate their daughter. >> fired up. looking forward to it. i'm excited for jenna and henry. i can barely contain the news when i found out so now i can tell all my buddies. >> where do you come down on spoiling grandchildren? to spoil or not to spoil? >> definitely to spoil. no doubt about it. >> kind of like w
MSNBC
Dec 11, 2012 1:00pm PST
there be some sort of strife in the republican power structure? majority leader, harry reid. >> they can't decide what they're going to do. we have heard about the infighting going on with the house leadership, boehner is having trouble finding help from his leadership as to what they're to do. >> according to senator reid, the battle is between boehner and congressman kevin mccarthy, eric cantor, and one paul ryan. ho, ho, ho. let's get right to our panel. with me here in washington is msnbc political analyst david corn, and in new york msnbc political analyst professor michael eric dyson. david, can i start with you? the president began with, o come all ye faithful, and now we have speaker boehner singing in the bleak winter. how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few day
CNBC
Dec 13, 2012 12:00pm EST
that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the second ranking democrat in the next congress -- i'm sorry, don't i wish -- the second ranking republican in the next congress -- joined the chorus in calling on speaker boehner to do the reasonable thing. here's what he said. i believe we're going to pass it sooner rather than later. we really don't have much leverage there because those rates -- >> i'll take it back from harry reid while we try and figure out this audio issue that we're clearly having from the majority leader and his comments down in the nation's capitol as the democratic leadership gets its turn, if you will, at the microphone for an update on the fiscal cliff. we've already heard from speaker boehner just a short time ago. i think we have that cleared up. let's go back to mr. reid. >> at some point reality should set in. the only question is how much financial stress middle
CSPAN
Dec 13, 2012 7:00am EST
that sometimes confusing is harry reid, the democratic leader in the senate, likes to give speeches suggesting that the pledges to me personally. he should read it. it is to the people of your state. as long as you are in. the house. it is very clear. by neary. toe people you have to talk on this issue are the people in your state. -- it is binary. a republican just one in nevada defeating a liberal democrat harry reid was supporting. nevada is sending a message to harry reid, please knock it off with the tax hikes. host: senator tom coburn, here's what he had to say recently -- guest: tom coburn said the exact same thing two years ago. we have long conversation, phone. he said we are trying to get to $0.50 trillion spending restraint -- $2.5 trillion. john boehner has reiterated that we have not focused on the debt ceiling sufficiently, he has said you have to cut spending if you want to raise the debt ceiling. tom coburn thought you had to raise taxes to support that. he was wrong. we got the spending restraints are written into law, because we took tax increases off the table. to
FOX Business
Dec 8, 2012 4:00am EST
raise taxes. >> now. his thing. mitch mcconnell tried to get the senate, harry reid to vote on the president's plan and harry reid said no. democrats are calling it a stunt. this is the president's plan we can raise taxes on rich and you don't have to cut spending and you can do all the things that he wants to do, and they on't want that to come to a vote. there might be something there. i'm thinking that might maybe make him on it and let the chips fall where they make. elections have consequences. at that right nw. lou: i think we all agree about consequences. certainly. your thoughts on this? does it look to you right now like we are goingto avoid this fiscal cliff? the president, but the brilant idea? it's interesting how he does this. he initiates an ultimat and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes, and the polls show that the american people are proud and -- probably going to blend republicans now matter what happens. lou: slightl
FOX Business
Dec 5, 2012 9:00pm EST
meeting with harry reid and speaker john boehner. the executive board message was as youre dealing with tough decisions that have to be made, to make sure that we don't over the fiscal cliff, don't shift e burden downward. we understand that there is a shared sacrifice. we ask for flexibility when it comes to programs thatre funded by the federal government and federal monies. we needlex ability to be able to determine what is in the best interest of our state. how we can best serve the population. gerri: the truth is the states only have so much flex ability because you have to meet your budget. the federal govement doesn't. but i want to show who is in washington. it was scott walker, gary herbert, mark dayton, jack markell. all the leadership of the governors associatio what kind of response did you get? we are not passing anything onto you guys. >> the president was very cordial and respectful to the governors. and we believe that we have a stake in this process, and he felt like we could offer some ideas of ways that we could help with savings and efficiencies and state government
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